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Canada and France Plan Diplomatic Presence in Greenland

                                                             View over the town of Maniitsoq, Greenland. Canada and France are each preparing to establish official diplomatic offices in Greenland, a move widely interpreted as a response to heightened tensions created by renewed U.S. interest in acquiring the island. France’s Plans France intends to open a consulate in Greenland. French officials describe this as a political signal supporting Denmark’s sovereignty over the territory. The decision follows strong public and governmental pushback in Greenland against any suggestion of U.S. control. Canada’s Plans Canada is moving forward with plans to open a consulate in Nuuk, Greenland’s capital. Canadian officials frame this as part of a broader Arctic strategy focused on diplomacy, security, and...

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Wall Street Slips to Start 2024 and Gives Back Some of Last Year’s Big Gains

 


The stock market started the year on a negative note, with Wall Street slipping and giving back some of last year’s big gains.

Futures for the S&P 500 lost 0.8% before the bell on the first trading day of 2024, while futures for the Dow Jones Industrial Average slid 0.7%. The S&P 500 slipped 13.52 points, or 0.3%, to 4,769.83. The benchmark index still posted a rare ninth consecutive week of gains and is just 0.6% shy of an all-time high set in January of 2022.

The Dow Jones Industrial Average fell 20.56 points, or 0.1%, to 37,689.54 after setting a record Thursday. The Nasdaq slipped 83.78 points, or 0.6%, to 15,011.35, but that was barely a blemish on an annual gain of more than 43%, its best performance since 2020.


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